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Presented by
Bob Lang |
Less than 1. 5 miles from the shores of Lake Marion in Poinciana, near Kissimmee, we have a residential lot for sale. You'll be within the Association of Poinciana Villages which boasts amenities like pools, playgrounds, a fitness center, and even amenities like Spectrum TV and Internet. Electricity is supplied by Duke Energy and water is from Toho Water Authority. The location could't get more ideal. Located just south of the Lake Marion Creek Wildlife Management Area, you'll be able to witness the glory of local flora and fauna in its most unadulterated form. There's also access to the local parks and trailheads. You're less than a 90-minute drive from the Mouse House and other theme parks in Orlando. Located smack-dab in the middle of the Florida Panhandle, you'll be able to easily travel across the state. When you're tired of freshwater, you'll have the luxury of being a day trip away from the stunning shores of the Atlantic or the Gulf of Mexico. The property is zoned for single family residences. There's approximately 88 feet of road frontage, the southern border is approximately 132 feet, the eastern border is approximately 75 feet, and the northern border is approximately 110 feet.
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Our Executive Mortgage Banker:
Our Insurance Division:
$29,000
Broker Associate
William Raveis Real Estate
Phone: 860.305.3521
Bob.Lang@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $23,200 | $23,200 | $23,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $143 | $146 | $193 |
| Total Monthly Payment | $218 | $221 | $268 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.